The Courts' Changing View on Disclosure-only Settlement Agreements
October 1, 2017
After nearly a decade of prominence in takeover litigation, so-called "disclosure-only" settlements are now being scrutinized more so than ever. James T. Shearin, chairman of Pullman & Comley, and Amanda Gurren, a 2017 summer associate at Pullman & Comley, discuss two recent decisions, Bushansky v. Phoenix Cos. and Stein v. UIL Holdings Corp., and illustrate why shareholder plaintiffs and corporations should note the change in Connecticut's corporate jurisprudent landscape.
To read the full article in the September/October issue of Connecticut Lawyer, please click on the link below.